Question: Consider the following two mutually exclusive projects: Year Cash Flow (A) -$254,675 26,600 53,000 56,000 417,000 Cash Flow (B) --$15,304 4,107 8.892 13,822 8,701 Whichever

 Consider the following two mutually exclusive projects: Year Cash Flow (A)

Consider the following two mutually exclusive projects: Year Cash Flow (A) -$254,675 26,600 53,000 56,000 417,000 Cash Flow (B) --$15,304 4,107 8.892 13,822 8,701 Whichever project you choose, if any, you require a 6 percent return on your investment a. What is the payback period for Project A? b. What is the payback period for Project B

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